Private Wealth

For more than 96 years, BakerHostetler has helped high net-worth individuals and families and the fiduciaries who manage their financial assets maximize the efficient use of financial resources and minimize the negative impact of taxation. From the initial Will and trust agreement that our lawyers developed in 1919 for publishing magnate E.W. Scripps, we have grown to become one of the largest Private Wealth practices at any law firm in the United States.

With 30 practitioners in offices coast to coast, we serve as counsel for corporate and individual fiduciaries and as general counsel and legal advisor for families whose critical legal needs require the cross-disciplinary resources of a broad-based national firm. BakerHostetler attorneys routinely work with:

  • High net-worth families.
  • Families who control private and public companies.
  • Multigenerational families.
  • Family offices
  • Highly compensated executives of publicly traded companies.
  • Charitable organizations established by high net-worth families.
  • Trustees, executors, administrators and other fiduciaries.

Our Private Wealth Practice provides comprehensive counsel and representation in the areas of most concern to clients, including:

If controversies arise anywhere in the private wealth management process—among beneficiaries or between beneficiaries and fiduciaries or with taxing authorities—we use our knowledge of tax law and business practices to structure a solution that validates our clients’ actions and resolves the controversy either through negotiation or effective representation in court.

Our senior lawyers have decades of trust and estate counseling experience, and all team members are highly knowledgeable about federal and state tax laws as they relate to family businesses, charitable giving, wealth preservation and estate planning.  They possess the skill and discretion to handle even the most sensitive and complex matters, providing our clients with comprehensive representation on all private wealth matters, as their families, businesses and investments grow.